Question Paper from: SSC CGL Tier-1 (Shift-1) 1

Which of the following is not true about a Demand Draft?

1:
It is a negotiable instrument.
2:
It is a banker's cheque.
3:
It may be dishonoured for lack of funds.
4:
It is issued by a bank.
Solution:
Chapter Name: Banking Awareness

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SSC CGL Tier-1 (Shift-1) 1

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